Customers in central and western Pennsylvania at the FirstEnergy utilities -- Met-Ed, Penelec, Penn Power, and West Penn Power -- will see lower electric rates starting in September.

All four utilities will decrease their "Price to Compare" starting September 1.  Competing electric suppliers are expected to follow suit in order to maintain their pricing advantage over the utilities.

Currently, competitive electric suppliers are offering savings ranging from 10% to 25%. Electric customers can expect prices to decline with the end of peak summer electric use.

Specifically, the FirstEnergy Pennsylvania electric distribution companies have filed new tariffs containing the "PTC-Default" rate for the three-month period starting September 1, 2014. The tariffed PTC-Default electric rate is the Price to Compare prior to the application of the State Tax Adjustment Surcharge, which has a negligible impact on the final Price to Compare (typically less than 0.3¢/kWh).

At Met-Ed, the tariffed residential PTC-Default electric rate will be 7.362¢/kWh effective September 1, versus the current 9.753¢/kWh. The commercial PTC-Default electric rate will be 6.715¢/kWh effective September 1, versus the current 7.833¢/kWh.

At Penelec, the tariffed residential PTC-Default electric rate will be 7.053¢/kWh effective September 1, versus the current 9.284¢/kWh. The commercial PTC-Default electric rate will be 7.414¢/kWh effective September 1, versus the current 8.844¢/kWh.

At West Penn Power, the tariffed residential PTC-Default electric rate will be 6.254¢/kWh effective September 1, versus the current 7.514¢/kWh. The commercial PTC-Default electric rate will be 6.016¢/kWh effective September 1, versus the current 6.777¢/kWh.

At Penn Power, the tariffed residential PTC-Default electric rate will be 6.328¢/kWh effective September 1, versus the current 8.094¢/kWh. The commercial PTC-Default electric rate will be 7.277¢/kWh effective September 1, versus the current 7.353¢/kWh.